Click on the rounded rectangle tool to select it. Set the radius to 5 pixel. Set the foreground color to #FF9933 and draw this shape. This will be the base of pencil.
Zoom up to 300%. Now, select rectangle tool. We will used this tool to subtract the path from the top layer. Press '-' sign from numeric keypad and draw a shape with rectangle tool as shown. You will see that the path is subtracted now :)
Now, apply stroke as shown :
Draw this #FF99CC color shape with rounded rectangle tool. Do not change the radius.
Again, subtract the shape :
Draw this white color shape :
Add 2 pixel stroke :
And inside the shape, draw a gray color shape with rectangle or line tool :
Draw this shape with rectangle tool. Use #FFFF00 color for it :
Draw this #FFFF99 color shape :
Now, select pen tool and draw #FFCCCC color shape as shown :
Add 2 pixel black color stroke :
Draw this black color triangular shape with pen tool :
And, just above this shape, draw a small circle to give it a slightly rounded edge :
Now, group and all the layers and rotate it as shown :
Draw this shape with rounded rectangle tool. Use 8 pixel radius this time :
Apply these layer styles :
Finally, draw #666666 color lines with line tool to finish the drawing of comment icon.
